ROYAL STANDARD MINERALS, INC.
ROYAL STANDARD MINERALS INC. (RYSMF)
Plans for Underground program at Goldwedge
Project, Nye County, Nevada
Manhattan, Nevada, October 20, 2009-
Royal Standard Minerals, Inc. (RYSMF-OTCBB) announces that it has continued with
its plans for underground development to access the main gold mineralized zone on
the Goldwedge property. This portion of the property has been
drill tested and has been explored underground at a point where the decline has
achieved access to the main zone. Prior underground drifting within the
main zone, the initial development area on the 6620 level indicates that the
main zone in this area is approximately 90 feet in width. Previous
drifting on strike within this zone south of the ?K?
cross cut returned approximately 85 feet of 0.835 ounces per ton (26 grams/ton)
gold (laboratory results were completed by the Company?s
onsite assay lab and check assays by an independent laboratory.) Indications
from rock chip sampling toward the northwest on the north side, (right rib),
indicates that this gold mineralization is open toward the northwest. Drifting
on the 6660 level indicates that this zone is also present on this level
returning similar gold grades and widths. The average grade and mineable
widths of this zone have yet to be determined. Surface drilling results
indicate that this gold zone may extend for several hundred feet toward the
northwest and is open on strike to depth.
The company will install an improved
dewatering system to help insure that the development program that will start
on the 6620 level and will proceed without unnecessary delays. Other
preparations include the necessary work to continue with the development of the
currently identified main zone as soon as possible. This zone will constitute
the initial primary source of gold mineralized material for the onsite gravity
plant. This program will commence as soon as possible.
RYSMF (C.U.S.I.P780919106)
is a natural
resource exploration and development company, www.royalstandardminerals.com.
For further information contact Mr. Roland Larsen, (775)
487-2454 and/ /or Mr. Rich Kaiser, Corporate Communications Coordinator,
800-631-8127.
Royal Standard Minerals cautions that the
statements made in this press release constitute forward-looking statements,
and no guarantees of future performance and actual results or developments may
differ materially from the projections in the forward-looking statements. Forward-looking
statements are based on the estimates and opinions of management at the time
the statements are made.
Contact:
Rich Kaiser
800-631-8127
http://finance.yahoo.com/q?s=RYSMF.OB
RYSMF.OTCBB